# ChipGiantAtCrossroads

#ChipGiantAtCrossroads
#NVIDIA
The $195 Line: Where Confidence Meets Caution
After a powerful rally that peaked near $237.95 in late April, the stock now sits at $195.33, up 0.48% on the day. That number alone doesn’t tell the story. The real story is what happens around it.
Since early June, price has been coiling between $194.62 and $199.19. This tight range is not quiet. It is loud with indecision. Traders who bought the dip from $160.44 in March are protecting profits. New buyers are testing whether this level can hold as a floor.
Support and Resistance: The Psychology Behind the Lines
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